Side-by-Side Duplex with
7944-7946 Rivercrest Court Freeland, MI 48623
For Sale
$389,900
MULTI_FAMILY - Colonial - Freeland, MI
Property Size3,744 SF
Lot Size0.27 Acres
Price / SF$104.14
Days on Market10
Property Features for 7944-7946 Rivercrest Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Basement, Bathroom 2, Bedroom 6, Laundry Room, Bedroom 4, Bathroom 3
- Parking features
- Garage
- Patio and Porch features
- Patio, Porch
- Interior features
- Cable/Internet Avail., Cathedral/Vaulted Ceiling, Walk-In Closet
- Exterior features
- Patio, Porch
- Appliances
- Dishwasher, Disposal, Range/Oven, Refrigerator
- Standard status
- Active
- APN
- 29-13-3-20-1303-000
- Size
- 3,744 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7466
Utilities
- Heating system
- Forced Air
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1997
- Floors in Building
- 2
- Number of units
- 2
- Architectural style
- Colonial
Listing Agency:
Century 21 Signature Realty
(989) 921-7000
Listed By:
Jan Hauck · License #6502336889
(989) 798-5217
Added: Jul 14
Changed: Jul 23
Last Checked: Jul 23 at 11:06PM
MLS# 50214869
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained side-by-side, two-story duplex offers spacious layouts in each unit. Each unit includes a large living room with vaulted ceilings, a kitchen with a peninsula for additional seating and workspace, a dedicated eating area, and pantry storage. Practical features include a first-floor laundry room and a half bath. Upstairs, each unit has three bedrooms, with the primary bedroom offering a walk-in closet, and a full bath with dual access from the primary bedroom and the hallway. Unit #1 includes a finished recreation room in the lower level, along with abundant storage and an egress window for added versatility.
The property provides each unit with its own private driveway, an attached two-car garage, and a private patio. A storage shed on site adds additional space for tools, lawn equipment, and seasonal items.
The duplex contains two residential units and is offered for sale in Freeland, Michigan.
The property provides each unit with its own private driveway, an attached two-car garage, and a private patio. A storage shed on site adds additional space for tools, lawn equipment, and seasonal items.
The duplex contains two residential units and is offered for sale in Freeland, Michigan.
Key Highlights
- Side‑by‑side two‑story duplex built in 1997 with private driveway, attached two‑car garage, and private patio for each unit
- Unit 1 is freshly painted with brand‑new carpeting, plus a dedicated eating area and pantry in the kitchen
- Each unit features soaring cathedral/vaulted ceilings in a large living room and includes a first‑floor laundry room and half bath
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.1k | $9.12 |
| − Vacancy | −$2.5k | −$0.66 |
| EGI | $31.7k | $8.46 |
| − OpEx | −$9.5k | −$2.54 |
| NOI | $22.2k | $5.92 |
3,744 SF · lease $9.12/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$316.9K
$277.3K – $369.7K
NOI $22,181 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$301.0K
$263.4K – $351.2K
NOI $21,069 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$691.7K
$605.3K – $807.0K
NOI $48,421 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained two-story duplex with two private driveways, attached two-car garages, and private patios for each unit.
Where is this duplex located?
The property is located at 7944-7946 Rivercrest Court Freeland, MI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Side‑by‑side two‑story duplex built in 1997 with private driveway, attached two‑car garage, and private patio for each unit; Unit 1 is freshly painted with brand‑new carpeting, plus a dedicated eating area and pantry in the kitchen; Each unit features soaring cathedral/vaulted ceilings in a large living room and includes a first‑floor laundry room and half bath
